In today’s briefing:
- Cosmecca Korea Plans to Switch Listing from KOSDAQ to KOSPI
- Underexposed Flow Trading Opportunity: LONG Banks & SHORT LG Chem/Energy on June 14
Cosmecca Korea Plans to Switch Listing from KOSDAQ to KOSPI
- On 10 May, Cosmecca Korea (241710 KS) announced that it plans to switch its listing from KOSDAQ to KOSPI.
- The company plans to convene an extraordinary general meeting of shareholders on 29 August to finalize on the switching of Cosmecca Korea listing from KOSDAQ to KOSPI.
- Cosmecca Korea is one of the leading Korean ODM manufacturers of cosmetic products.
Underexposed Flow Trading Opportunity: LONG Banks & SHORT LG Chem/Energy on June 14
- Despite time until screening, predictions likely hold due to market cap gaps; all candidates are banks, benefiting from recent momentum.
- Historical patterns show profit-taking selling affecting price impact, particularly on additions with significant pre-inclusion price rises. Monitor banks’ pre-June 14th price appreciation to anticipate impact distortions.
- Shorting LG Chem and LG Energy Solution based on high price cointegration, consider basket-trading them before the rebalancing, using the battery sector as a long hedge.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
